Tony Thene on growth forecast
From Carpenter Technology Q&A Earnings Call Commentary CEO Tony Thene with Live CRS stock action · · Daniel
“We said that even after those two quarters put together, we're going to do another 28 to 35% on top of that. It's very impressive growth.”
On , Tony Thene, President, Chief Executive Officer & Director at CARPENTER TECHNOLOGY CORP, spoke about growth forecast during Carpenter Technology Q&A Earnings Call Commentary CEO Tony Thene with Live CRS stock action on Daniel.
About Tony Thene
During a September 2024 earnings call, Carpenter Technology CEO Tony Thene stated that the company had exceeded prior performance expectations and projected a second quarter comparable to the first, despite planned maintenance and two major holidays. Thene said the company expects an additional 28 to 35 percent growth after the first two quarters, describing the growth as "very impressive." He attributed the company's outlook to work centers that are "still not running at the rates that we know they can run at," adding that this provides "line of sight" to second-half performance.